Etna Twp. maintaining $2 million budget balance, fiscal officer says

As Etna Township moves into the last quarter of the year, its budget remains solid with a $2 million balance, according to Fiscal Officer Walter Rogers.

"There's nothing troubling or out of line," he said with department spending.

September's spending report showed more expenses than usual because of work on Heritage Drive and paying $12,510 on the debt service for the Cumberland Trails improvement project, Rogers said.

Meanwhile the township has certified revenues from the county for its general fund budget at $337,885 and $240,550 for its road-and-bridge account for 2014.

Those are the same totals the township received from the county in 2013.

"I thought they would be up," Rogers said. "It's the same in 2014 as it is for 2013 to the dollar."

The trustees recently voted to accept the revenue projections based on the rates "as determined by the Licking County Budget Commission," according to the resolution the trustees voted 3-0 to approve.

The township's revenue continues to improve because of several measures adopted by the trustees such as placing a small income tax island inside Etna Corporate Park known as a Joint Economic Development Zone.

The township also plans to implement a similar tax district known as a Joint Economic Development District sometime in early 2014 that would cover some commercial enterprises along Ohio 310 and at the 310 and Interstate 70 interchange. The only difference is that a JEDD does not require a public vote but the JEDZ did.

The township's revenue balance hovered around $2 million nearly all year. By July 31, Rogers reported a balance of $1.7 million.

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Etna Twp. maintaining $2 million budget balance, fiscal officer says

As Etna Township moves into the last quarter of the year, its budget remains solid with a $2 million balance, according to Fiscal Officer Walter Rogers.